Reliable ESI Compliance & Consultancy Solutions for Your Business
At Alok Consultancy Private Limited, we provide professional ESI Consultancy Services to help businesses manage their Employees' State Insurance (ESI) compliance efficiently and accurately.
Our team assists employers with end-to-end ESI-related processes, enabling you to focus on your core business while we take care of your statutory compliance requirements.
1. Minimum Number of Employees Required for ESI Registration
- Factories and covered establishments with 10 or more employees may come under ESI coverage.
2. ESI Wage Limit
- Employees earning up to ₹21,000 per month in applicable wages are generally eligible for ESI coverage.
- For employees with benchmark disabilities, a separate wage ceiling of ₹25,000 per month may apply under the relevant provisions.
- Overtime remuneration is excluded when determining the wage ceiling for coverage, subject to applicable rules.
3. ESI Contribution Rates
The ESI contribution before June-2019 and after June-2019 rates are as follows:
ESI Contribution rate from 01-Jan-1997 to 31-June-2019
| Contribution | Rate |
|---|
| Employer's contribution | 4.75% of wages |
| Employee's contribution | 1.75% of wages |
| Total contribution | 6.50% of wages |
New ESI Rate applicable from 01-July-2019 to Current date
| Contribution | Rate |
|---|
| Employer's contribution | 3.25% of wages |
| Employee's contribution | 0.75% of wages |
| Total contribution | 4.00% of wages |
Our ESI Consultancy Services Include
- ESI Registration & Employer Code Assistance
- Employee ESI Registration and IP Number Support
- Monthly ESI Contribution & Challan Preparation
- ESI Return & Compliance Support
- Addition and Deletion of Employees
- Employee Profile & Data Management
- ESI Contribution Verification
- ESI Portal & Online Compliance Support
- Assistance with ESI Notices and Departmental Correspondence
- ESI Inspection & Compliance Assistance
- Support for Maintaining ESI Records and Documentation